New polling data from Rasmussen Reports shows that 48 percent of Americans think that the United States can make major cuts in defense spending without putting America at risk. Unfortunately, they’re wrong. Case in point: base closures. Some in Congress are looking to the U.S. military’s overseas bases as places …
An article in the The Wall Street Journal recently revealed that our budget situation is likely worse than what the Congressional Budget Office (CBO) projects, meaning we could be in much more debt than we realize. In 2010, the federal government collected about $2.16 trillion in total tax revenue yet …
President Obama will meet with congressional leaders tomorrow to resume talks on the debt limit. The rare Sunday meeting between top Republicans and Democrats could signal the start of “hard bargaining” after Thursday’s debt talks left the parties far apart. While Democrats want tax increases on the table in debt negotiations, Republicans …